SHOW ALL

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

In Italy, Binance has gotten permission from the government

In Italy, Binance has gotten permission from the government

Binance, the best blockchain ecosystem and cryptocurrency infrastructure provider in the world, has gotten regulatory approval in Italy by registering as a Cryptocurrency Service Provider with the “Organizzo Agenti e Mediatori” (OAM), as required by Italian crypto-asset law.

The recent registration of Binance Italy, the Group’s legal entity in the country, means that the company can now sell crypto goods to its customers in Italy. This shows how important it is for Binance to follow local cryptocurrency rules. The permission from the Italian government is a big step forward for Binance’s plan to grow in Italy. It will allow the company to build more offices and hire more people there.

Zhao Changpeng “CZ, co-founder and CEO of Binance, said, “Cryptocurrencies need clear and effective regulation for everyone to use them.” We appreciate what the Ministry of Economy and Finance and the OAM have done to set up and enforce the rules for doing business openly in Italy. Binance has always put its users first, and thanks to things like the register, they can be sure that our platform is one of the safest and most reliable in the world.”

Binance just got licenses in Bahrain and Dubai, and in early May 2022, the AMF in France will register it as a “Digital Asset Service Provider.”

About Humano

He is a freelance writer based in Turkey. He loves NFTs, football, film and technology.

SHARE:
Latest NFT News, Trendings and Tutorials, right in your inbox, every Monday

IMPORTANT DISCLAIMER: All content provided here in our website, hyperlinked sites, social media accounts and other platforms are for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them.

Recommended Posts

Leave a Reply

Your email address will not be published. Required fields are marked *